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There are two primary methods or bill organization; manual and systemization. There are benefits and disadvantages of both methods for how to organize bills. While you can certainly develop a manual system to collect, pay and track your bills, most individuals find tremendous advantages with a bill organizer system.
Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.